BILLINGS, Mont. (AP) — Opposing sides in the bankruptcy case of a Montana power cooperative are negotiating a potential settlement after some creditors balked at a proposed reorganization plan that would keep the co-op together but repay them only a little of the money owed.

Southern Montana Electric Generation and Transmission Cooperative serves more than 11,000 customers in central and eastern Montana. It fell into bankruptcy in October 2011, after getting locked into unfavorable contracts and building a gas power plant near Great Falls that has sat idle.

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